the role of a mortgage broker
A mortgage broker is a type of lender that represents several wholesale lenders. We can match you with a lender that best fits your buyer profile and offer a loan that is designed just for you.
One stop shopping for all your mortgage needs
It’s hard to know where to start when shopping for a home loan. Do you start with your bank? Your credit union? Maybe one of those places you see advertised on TV? When you start with a mortgage broker, you are automatically shopping around. A mortgage broker works with several wholesale lenders to find the best deal for you.
At Arbor Mortgage Group, we offer loans from 11 different wholesale lenders. We work with only the best lenders and they are constantly competing for our business. This means that you can shop from the most popular loan programs and top lenders with a single phone call. While we only work with the best lenders that doesn’t mean they are all the same. Some lenders offer great rates but only for the best qualified buyers. Some offer surprisingly good rates for people with less than perfect credit. Some offer strong jumbo loan programs. Some offer great programs for people that don’t have a lot of money for a down payment. The best mortgage solution is different for each person and it takes a lot of quality lender relationships to make sure we have the right solution for you.
Our ability to find you the best mortgage doesn’t end with just shopping between wholesale lenders. We can also structure your loan to make it an even better fit. We can offer an even lower rate if you would like to buy down the rate. We can lower the amount of cash you need for closing by offering a lender credit in exchange for a higher rate. We can even offer a custom loan term if you looking to have your mortgage paid off by a specific date.